Property Description

1 Principal Place is strategically positioned in an excellent location at the junction of School and Matundu Lane off Waiyaki Way in Westlands, Nairobi. This is a popular location due to its central situation with good road networks and on a quieter road. The building is located within proximity to the Nairobi CBD and is ideally situated in Wetlands with proximity to popular retail outlets such as Westgate and the Sarit Centre, as well as major office buildings such as WestEnd Towers, Safaricom Headquarters, among others.

Principal Place comprises of modern seven-floor office development with a total gross lettable area of approximately 119,000 sq.ft. The development offers high-quality office accommodation, designed to international standards, offering occupiers a secure, highly efficient and flexible working environment. The attractive amenities include: standby generators, borehole, passenger lifts, security check & CCTV surveillance, electric fence, fire alarm & detection system, making it an ideal office development for business. The development is an ultramodern office complex that is intended to be a state-of-the-art place of work in a one-of-a-kind location. It will combine Grade A building specifications with an unrivalled commitment to the environment. This Grade A office is positioned to meet the needs of today’s corporate and professional firms, specifically targeting institutions from the discerning and security-conscious NGO/International community. It is perfectly designed to accommodate both world-class corporations seeking unique headquarters and elite international bodies seeking a full-floor identity in unique and tranquil surroundings.

Property Features

  • Triple volume reception area
  • A cafeteria and generous breakout areas
  • Floor to soffit height of 3.5 meters
  • Connections to mains water supply supplemented by an onsite borehole.

Fire detection and alarm systems

  • Fitted kitchenette on every floor.
  • Standard services include WC’s (Male, Female) and clean rooms.
  • Provision for fibre optic cable
  • Flood lights are installed all around the property perimeter.
  • The building is disability friendly. Some of the access features incorporated in the design to facilitate access for the physically challenged include:
  • Disabled washroom on the ground floor
  • Ramp access from the main gate to the reception

 

  • Lettable area: 2300- 66,432 Sq Ft
  • Lease- Minimum of 6 years
  • Rent

Showroom-KES 200 per Sq Ft

Cafeteria Terrace-KES 100 PER Sq Ft

Office Space-KES 120 per Sq  Ft

Office Space Terrace- KES 60 per Sq Ft

  • Service Charge- KES 25 per Sq Ft
  • Parking- KES 12,500 per Sq Ft
  • Parking ratio- 3: 1000 Sq Ft
  • Escalation Rate: 5% P.a on rent and Parking

 

( All rates above are Exclusive of VAT

Details

Property Features

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